Newport Wafer Fab: Nexperia
(asked on 4th April 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government why they have not used their powers under under the National Security and Investment Act 2021 to review the takeover of Newport Wafer Fab by Nexperia, a Chinese-owned company.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 19th April 2022
The Government is considering the case. The UK Government has powers to intervene where there is a risk to national security under the National Security and Investment Act 2021, which commenced on 4 January 2022.